Transforming

how resources necessary to ensure student success are generated and sustained.

The 14 State System universities offer the lowest cost, four-year baccalaureate degree programs in the Commonwealth. Total annual cost of attendance is $602 below the average among all four-year public universities in the United States and $2,433 below the average in the Middle States Region comprising Delaware, Maryland, New Jersey, New York, Pennsylvania, and Washington, D.C. Managing costs to attain this goal, especially with the current challenging fiscal problems facing the Commonwealth, is possible because the Administration and Finance professionals in the State System utilize sophisticated budgeting, accounting, cash, and facilities management systems. The Commonwealth provides approximately one-third of the funding for the system with the remaining two-thirds generated through tuition and fees. Identifying adequate resources in difficult economic times will require continual rethinking of university entrepreneurship, flexibility, and the realization that new ways of conducting operations are essential.